U.S. Futures Advance With Stocks; Oil Pares Drop: Markets Wrap

(Bloomberg) — U.S. equity futures advanced with European stocks on Wednesday as investors weathered continued volatility in energy markets and perused earnings reports that weren’t uniformly negative. Oil pared a decline, while gold jumped.S&P 500 Index contracts climbed after the gauge closed down more than 3% a day earlier, when investors shrugged off progress of a fresh relief package to counter the economic hit from the coronavirus. The Stoxx Europe 600 Index advanced in the wake of Tuesday’s slump, with all 19 sectors in the green including energy shares.Brent crude pared most of a tumble that reached 17% earlier, while …read more

Source:: Yahoo Finance

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